Nokia has confirmed that it has signed 42 commercial 5G deals with operators around the world. Of this, 22 deals have been signed with renowned customers such as T-Mobile, Telia Company and Softbank. Nokia's 5G deals, trials and demos total over 100 5G customer engagements to date.

Since the announcement of the 30th commercial 5G contract at the end of March 2019 the company has seen an average of one major contract win each week, with a steady pipeline in place for further agreements.

Early rollouts of 5G have been well publicised in North America, Korea and Europe and Nokia is looking forward to announcing its work with operators in emerging nations and regions such as India and Latin America over the coming months.

Commenting on the development, Rajeev Suri, president and chief executive officer, Nokia, said, "The pace of 5G progress is accelerating across the globe. We are delivering significant performance increases to operators and the power of Nokia's end-to-end portfolio is being recognised. In fact, in pretty much every network where Nokia products are deployed, we are the performance leader. Here and now - at the beginning of one of the most radical technology transitions ever with 4G giving way to 5G - this is Nokia's time to shine."